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flag Tyson Foods to pay $85 million to settle pork price-fixing lawsuit.

flag Tyson Foods has agreed to pay $85 million to settle a class action lawsuit alleging it conspired with other pork producers and data firm Agri Stats to artificially inflate prices by restricting supply from 2009 to 2018. flag The settlement, pending court approval, is the largest in a series of antitrust cases involving major meatpackers and brings total consumer recoveries to $208 million. flag The case was brought by supermarkets, restaurants, and food producers who claim the scheme raised prices in the U.S. pork market. flag Tyson is the last publicly traded company to settle; Triumph Foods and Agri Stats remain in ongoing litigation. flag Similar antitrust claims are pending over beef, chicken, and turkey markets.

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